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His comment about if you come back in ten years he might have another... Is that a reference to his puts on S&P and other indexes?
by jonhendry 16y ago
His comment about if you come back in ten years he might have another...
Is that a reference to his puts on S&P and other indexes?
- pchristensen 16y agoMy guess is that the bigger BH gets, the bigger that lost opportunity gets.
- hristov 16y agoNo, it is his usual humbleness. If you read his letters to the shareholders he is always willing to admit a mistake and is always tries to dispel all of the myths that he is some kind of an "oracle" that can see the future.
- jonhendry 16y agoRight, but his puts run for another ten years, or thereabouts. So when that time rolls around, we'll see if his big bet on derivatives was a mistake or not. So I was wondering if he was alluding to that in particular.